L โ€” Housing & ShelterEIN: 540842686ยท Ruling Year: 1979

Friendship Apartment Village Corporation

Roanoke, Virginia

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$6.0M
Total Revenue
๐Ÿ“Š
$5.1M
Total Expenses
๐Ÿฆ
$12.7M
Net Assets
๐Ÿ“‹
$17.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+14.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.48
Net assets divided by total expenses
Liabilities-to-Assets
57.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$6,024,781โ†‘12%$5,132,268โ†‘4%$29,799,547โ†“1%
2022$5,384,949โ†“1%$4,931,738โ†‘2%$30,104,097โ†“12%
2021$5,431,286โ†‘13%$4,843,096โ†“5%$34,192,281โ†‘12%
2020$4,814,358โ†‘3%$5,110,391โ†‘7%$30,474,872โ†‘13%
2019$4,669,631$4,769,138โ†“7%$26,982,572
2018$4,670,278โ†‘3%$5,106,844โ†‘2%$27,102,776โ†“4%
2017$4,540,097โ†“1%$5,005,302โ†‘1%$28,111,865โ†‘11%
2016$4,580,194โ†‘4%$4,972,323โ†‘5%$25,421,333โ†“2%
2015$4,395,105โ†‘3%$4,727,241โ†‘12%$25,814,697โ†“24%
2014$4,248,046โ†“11%$4,219,810โ†‘11%$33,953,670โ†‘20%
2013$4,753,379โ†‘15%$3,802,043โ†‘3%$28,363,564โ†‘54%
2012$4,127,119$3,680,386$18,448,652

Frequently Asked Questions

What does Friendship Apartment Village Corporation do?โ–ผ

Friendship Apartment Village Corporation is a housing & shelter nonprofit organization based in Virginia. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friendship Apartment Village Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Friendship Apartment Village Corporation has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Friendship Apartment Village Corporation generate?โ–ผ

Friendship Apartment Village Corporation reports $7.6M in annual revenue and holds $31.2M in total assets, based on IRS filings.

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Friendship Apartment Village Corporation โ€” Roanoke, VA | GiveScope